Not only would a progressive income tax hike end up taking more money directly from all taxpayers’ pockets, but it would also have negative economic effects on jobs growth, after-tax income adjusted for cost of living, and overall economic output.View Report
South Side Ald. Willie Cochran pleaded guilty March 21 to felony wire fraud for spending his ward’s charity funds on personal expenses. That’s 30 Chicago aldermen convicted of corruption since 1972.
Chicagoland and northern Illinois have seen more corrupt public officials put behind bars than any other part of the nation, a new analysis found.
What’s important for Illinoisans to know now is not just whether politically powerful people such as Burke and Madigan broke the law, but how the law itself encourages indecent behavior.
Madigan has long been criticized for his control of a lucrative law firm specializing in Cook County property tax appeals.
A federal corruption charge against Chicago Ald. Ed Burke has led peers to hand control of the $100 million-a-year workers’ compensation program to the city finance department. Burke, who had overseen the program for decades, fought program oversight and staffed it with political allies.
Mayor Rahm Emanuel ordered an audit of the city’s $100 million-a-year workers’ compensation program following Ald. Ed Burke’s resignation as finance committee chair. Burke has long fought program oversight.
Chicago Mayor Rahm Emanuel announced Jan. 4 that longtime Ald. Ed Burke resigned as chairman of the city’s finance committee. The move came the day after federal agents served Burke an attempted extortion charge.
Federal prosecutors claim Burke used his position as alderman to solicit business for his law firm, which specializes in Cook County property tax appeals. Felony attempted extortion could come with up to 20 years in prison.
Burke has served on the Chicago City Council for nearly 50 years, and has long been the subject of ethical complaints from government watchdogs.
The Democratic nominee in the Cook County assessor’s race is voicing support for a ban on city aldermen doubling as property tax appeals attorneys, an arrangement that encourages conflicts of interest.